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50 Years After Bretton Woods, the US Dollar's Throne Is in Play

The greenback's share of world reserves is dropping steadily. The euro, yuan and bitcoin are all in the running to pick up the slack.

By David Z. Morris
Updated Sep 14, 2021, 1:40 p.m. Published Aug 13, 2021, 5:20 p.m.
U.S. President Richard Nixon took the U.S. dollar off the gold standard in 1971.
U.S. President Richard Nixon took the U.S. dollar off the gold standard in 1971.